CoinTrackers.com has estimated the 1921 S Morgan Silver Dollar value at an average of $28, one in certified mint state (MS+) could be worth $600. (see details)...
When silver dollar production resumed in 1921, the Peace silver dollar design was not ready for the coining presses. Therefore, mint employees revived the Morgan silver dollar design that was used for part of the year until the Peace silver dollar dies were ready for production. Value of 1921-D Morgan Silver Dollar. In 1921, the Denver Mint facilities were pressed into service to coin 1921-D Morgan silver dollars, the only date of this denomination produced there since its opening in 1906. The D mintmark is tiny on all issues. Pricing the 1921 Morgan Silver Dollar. When it comes to the Morgan Silver Dollar, assigning a price is no more difficult than assessing the condition of the coin and understanding what type of coin you own. Being that condition means everything to collectors, it goes without saying that those well-preserved pieces will sell for the highest prices.
Type:Morgan Silver Dollar
Year:1921
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 21,695,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $28, while one in certified mint state (MS+) condition could bring as much as $600 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1921, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: Many of the 1921 Morgans are actually older Morgans and peace dollars melted down and re-coined. The Pittman Act, passed in 1918, authorized the melting and recoining of millions of silver dollars. See Wikipedia for more info on the Pittman act. Read more on the Pittman Act 1921 Peace Dollars generally have nice reeded edges as they are newer.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $6.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1921 S is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 21,695,000, of these coins were produced or minted in 1921 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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1921 Morgan Silver Dollar Value Circulated
***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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1921 Morgan Silver Dollar Value Ms64
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